HUD Withdraws Affirmatively Furthering Fair Housing and Reducing Barriers to HUD-Assisted Housing Proposed Rules

CARH’S BROADCAST E-MAIL – Regulatory Alert January 16, 2025 In today’s Federal Register, the Department of Housing and Urban Development (HUD) published two notices (Affirmatively Furthering Fair Housing, Withdrawal (FR-6250-N-03) and Reducing Barriers to HUD-Assisted Housing, Withdrawal (FR-6362-N-02)) announcing the withdrawal of the following proposed rules: Affirmatively Furthering Fair Housing Published in the Federal Register…

HUD Publishes Two Mortgagee Letters: Creating a Middle Income Housing Option and Multifamily Changes in Debt Service Coverage Ratios and Loan to Value/Loan to Cost Ratios

On January 8, 2025, HUD’s Office of Multifamily Housing sent out the following information: The Office of Multifamily Housing Programs published two Mortgagee Letters updating the Federal Housing Administration’s (FHA’s) Multifamily Housing Programs’ underwriting standards and guidelines. Creating a Middle Income Housing Options for 221(d)(4) Mortgagee Letter, creates a new set of underwriting thresholds for Middle…

November/December 2024 Edition of CARH News

The November/December edition of CARH News, CARH’s bimonthly digital newsletter, is now available online on CARH’s website, www.carh.org, or by clicking here. In this issue, you will find: Information on How to Join Us at the 2025 CARH Midyear Meeting Counsel’s Corner: Post-Election Outlook: What to Expect From a Second Trump Administration Death by a…

Final Rule: Program Updates to the Credit Report Process for Section 515/514/516

Rural Development sent out the following Multifamily Housing Stakeholder Announcement: Washington D.C., December 31, 2024 – The Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published a final rule in the Federal Register December 31, 2024, with an effective date of January 30, 2025 (Federal Register/Vol. 89, No. 250).  This regulatory update amends the…